ISHARES RUSSELL MID-CAP VALU (IWS) Stock Technical Analysis
NYSEARCA:IWS - NYSE Arca - US4642874733 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to IWS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IWS is only an average performer.
The long and short term trends are both positive. This is looking good!
IWS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IWS is lagging the market slightly.
When comparing the performance of all stocks over the past year, IWS turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
In the last month IWS has a been trading in a tight range between 130.88 and 137.56.
IWS has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
112.83
138.90
We found 5 important support areas.
- A support zone ranging from 134.27 to 135.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 130.37 to 131.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 126.82 to 128.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 117.65 to 117.83. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @113.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @137.52 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IWS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWS is up. |
| ChartMill Relative Strength | 62.26 | NEUTRAL | IWS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.06 | NEUTRAL | The RSI value for IWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests IWS has a positive trend. |
| Stochastics (14,3) | 93.34 | OVERBOUGHT | The high Stochastics value suggests IWS may be overbought. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for IWS suggests low volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for IWS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 137.53 | 131.94 | 5.59 (4.07%) | 24.58% |
| An entry @137.53. This is a Buy Stop order right above the resistance zone. | An exit @131.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.59 points, which is 4.07%. | When investing 24.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
137.36
+0.69 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.5%
1 Week1.55%
2 Weeks1.87%
1 Month4.74%
3 Month12.78%
6 Month2.17%
12 Month8.36%
2 Year19.78%
3 Year24.45%
5 Year71.57%
10 Year87.68%
15 Year252.21%
Volatility
ATR(14)1.38
ATR(20)%1.04%
ATR Inc-21.65%
Range Today1.33
ADR(20)1.37
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.26
Mansfield-0.36
10 Day High137.56
10 Day Low131.95
20 Day High137.56
20 Day Low130.88
52 Week High140.95
52 Week Low108.85
CS1 End135.68
CR1 Start137.52
Volume & EV
DER(3)3.01%
DER(5)-0.41%
Volume262.20K
Volume Incr-9.26%
Vol(5)426.46K
Vol(50)466.95K